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* Central Bank of Sri Lanka getting tough on illegal financial companies
Wednesday, November 19, 2008, 5:45 GMT, ColomboPage News Desk, Sri Lanka.

Nov 19, Colombo: The Central Bank of Sri Lanka has commenced special inquiries on another twenty illegal financial institutes currently running in the country.

A senior official of the Bank said that they are receiving complaints daily on these illegal financial institutions.

According to the sources the Central Bank had appointed a special team to inquire on this issue.

Meanwhile the Central Bank had suspended activities of another fraudulent financial company few days ago.

With this financial institute the Central Bank had banned 28 fraudulent companies within the last two months following the Sakwithi Ranasingha's scam.

Sri Lankan Daily News and Reports


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